Saturday, October 31, 2026
Industry NewsLecta expects to complete recapitalization by April

Lecta expects to complete recapitalization by April

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Lecta expects to complete recapitalization by April

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On 2 January 2026, Lecta together with its direct and indirect subsidiaries, executed a lock-up agreement with key stakeholders representing its largest financial creditors and shareholders, pursuant to which those parties agreed to support the implementation of a comprehensive recapitalization transaction. With the support of the stakeholders, Lecta has reported it has the necessary support required under the lock-up agreement to facilitate the implementation of the recapitalization.

Lecta and its subsidiaries are endeavoring to complete the recapitalization as soon as possible and expects completion to occur by the end of April 2026 at the latest, in order to comply with applicable regulatory and anti-trust approvals.

Furthermore, the stakeholders have agreed to further defer interest payments on the New
Money Notes and Super Senior Facilities Agreement due in September 2025 and December
2025, amounting to around 9 million euros, to support liquidity.

NewsDesk
NewsDesk
The editorial team of The Packman who handle all the press releases with Sunil Jain working as the desk editor.

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